Construction Technology and Software Rundown: January 24, 2020
Here's a rundown of the latest in construction technology and software.
2020 Economic Outlook Forecasts 1.1% Expansion in Equipment and Software Investment and 1.7% GDP Growth
Investment in equipment and software is projected to expand 1.1% in 2020, while U.S. economic growth slows to 1.7% according to the 2020 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. After decelerating over the course of 2019, the U.S. economy is poised to soften further in 2020.
Two 2020 Construction Fleet Trends Executives Are Watching
As the industry moves into 2020 leaders will look to new solutions to improve safety and take greater advantage of existing telematics systems technology. They will see cost-savings and maintain locational, situational and operational awareness across their entire business ecosystem.
Equipment Rental Revenue Forecast to Outpace Economic Growth
The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35% to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according to a recent forecast released by the ARA.
Why It’s Time to Embrace AI Solutions to Improve Fleet Management and Construction Operations
By implementing AI and other new technologies, contractors can see actionable insights that benefit not only day-to-day operations but also fleet safety and vehicle efficiency.
HoleMole Is the Clever New Way to Fill Core Holes
With the HoleMole™ Core Hole Filling System, you can plug and fill a core hole from above without ever having to climb a ladder, affix a board, operate a lift or use a power tool. And, you can fill a hole from start to finish in less than a minute.
Materials Matter, Inside and Out
Whether conceiving smart windows, bacteria-killing paint or sheep’s wool insulation, the exteriors market is no slouch when it comes to creating novelties and pushing for modernization.
New ANSI A92 Standard to Boost Efficiency, Safety in Access and Lift Industry
The new ANSI A92 standard for the access and lift equipment industry addresses new issues, simplifies the MEWP classification terminology, supports design efficiency, and promotes both safety and education.
